Economy

Talk of tax rises is one thing – but we are in denial about the damage our economy faces

Even now, the effects of Covid-19 have been delayed and disguised by the various loans, subsidies and support schemes Sean O’Grady@_seanogrady 16 hours ago Coronavirus, Brexit, a crisis in the public finances, international trade wars… any one of these would be sufficient to ensure a sharp if not prolonged economic recession. But […]

It’s not just a second wave of the coronavirus we’re facing, but of unemployment too

If employers know that the government’s payroll support will be suddenly cut off at the end of June it’s inevitable that many will be thinking of starting to shed staff now https://www.independent.co.uk/voices/coronavirus-uk-job-cuts-furlough-unemployment-redundant-treasury-a9489881.html?jwsource=cl        (video link) Ben Chu @Benchu_ 12 hours ago The historian AJP Taylor argued that the […]